Debt & Equity Capital Advisory Services
At a Glance
Capstone Partners’ capital advisory teams are solely focused on securing debt capital and private equity for privately owned and sponsor-backed companies. What makes us different is our ability to work seamlessly across industry and service teams. We will build a custom team of capital-raising professionals partnered with our industry specialists to leverage sector-specific insights that will help us to better position your company for maximum reception by creditors and investors – providing you with access to the most cost-effective debt and equity capital available.
Services Offered
Debt Capital Advisory
Trusted advisors for middle market companies seeking debt capital for organic growth, acquisitions, dividend recapitalizations, and refinancings.
Equity Capital Advisory
Focused on filling the gap for growth-oriented, emerging enterprises ranging from early-stage ventures to more mature middle market companies
Infrastructure Finance
Providing creative solutions and economically rational financing structures to clients in need of $25mm-$1B in capital to finance projects.
Recent Engagements
Team Members
Contact Us
Want to learn more about our debt and equity capital raising services? Start a conversation with us today.
Frequently Asked Questions
Most middle market acquisitions are funded with a blend of capital sources rather than a single instrument. The right mix depends on deal size, the target’s cash flow profile, and the amount of equity the buyer is willing or able to commit.
The most common building blocks include:
- Senior debt: Bank loans and senior cash flow facilities provided by commercial banks, secured against assets or cash flow. Senior debt sits at the top of the capital stack, carries the lowest cost, and has the strongest creditor protections.
- Unitranche and private credit: Direct loans from non-bank lenders such as private credit funds and business development companies. Unitranche facilities combine senior and subordinated debt into a single tranche, simplifying the capital structure and speeding execution.
- Mezzanine debt: Subordinated debt that sits between senior debt and equity in the capital stack. Typically priced higher than senior debt, often with warrants or other equity-like features.
- Buyer equity: The cash equity contributed by the buyer at close, whether from a private equity sponsor, a strategic acquirer’s balance sheet, or an individual investor’s own capital.
- Seller financing: A loan from the seller to the buyer covering a portion of the purchase price, repaid over time with interest. Documented as a seller note that ranks behind senior debt.
- Rollover equity: A portion of the seller’s proceeds reinvested as equity in the new entity, leaving the seller with a continuing minority stake and a share in future upside.
- Earnouts: A portion of the purchase price contingent on the business hitting agreed performance targets after close. Used to bridge valuation gaps between buyer and seller.